USDCAD Analysis of 30.03.2022/XNUMX/XNUMX

With this analysis we bring all our knowledge into play, we need to act ...

A strong erratic hit this pair, a decline in the USD was in the air, but not with that force and especially not with that negative.

In the image we have highlighted an interesting trigger, for those unfamiliar with MA Color Candles we can say that it is one of the strongest signs of divergence.

We position ourselves with a buy-limit order and prepare for an eventual recovery or strengthening, but we are convinced that this pair has reached multi-day support.


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